Sycamore Networks Inc.'s (SCMR) third-quarter GAAP net loss widened to $5.1 million, or $0.18 per share, from $4.1 million, or $0.14 per share loss last year. Also, the company reported a wider third-quarter non-GAAP net loss of $4.14 million, or $0.14 per share, compared with a loss of $3.38 million, or $0.12 per share in the previous year.
Revenue for the third quarter of fiscal 2012 was $11.92 million, versus $11.86 million for the third quarter of fiscal 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.